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Halliburton (HAL -2.1%) and Schlumberger (SLB -1.9%) join oilfield services competitor Baker...

Halliburton (HAL -2.1%) and Schlumberger (SLB -1.9%) join oilfield services competitor Baker Hughes (BHI -5.9%) in the red after the BHI profit warning. Morgan Stanley chips in, cutting HAL to  equalweight as the battle for market share threatens margins. OIH -2.1%.
Comments (3)
  • over reaction
    21 Mar 2012, 03:09 PM Reply Like
  • I am a long time Canadian oil stock owner, Husky oil, North Canadian oil, Prairie oil, Pacific Pet. And maybe a few others that have since been bought up or merged. I also have and hold Transcanada PIpeline.
    with the cost of new wells, I bet on HAL<and other suppliers.
    21 Mar 2012, 03:54 PM Reply Like
  • hope so Anton!
    21 Mar 2012, 07:48 PM Reply Like
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